21st St, GROTTOES, 24441

Land

$1,500,000

Beds
Full Baths
Half Baths

Sqft
5.42Acres
Built
MLS® #: 24685258
Active

Ben Schlabach

REALTOR

  • Office 540-434-2400
  • Cell 540-908-9541
Questions?

This is a rare opportunity for you to buy and immediately start developing a subdivision. Forest Station is a 33 unit townhouse subdivision approved by the town of Grottoes. This development boasts a potential 24.78% ROI with a built in 10% buffer. The lumber for the first phase has been purchased and can be negotiated into the purchase price. Uploaded images are a spec home built off of the same floor plans. The home was built 3 feed wider than the plans called for. Don't miss your opportunity to develop Forest Station. Contact agent for more information including financial projections break down.

Essential Information

MLS® #: 630669
Price: $1,500,000
Acres: 5.42
Type: Land
Status: Active

Community Information

Address: 21st St
Subdivision: NONE
City: GROTTOES
Province: Virginia
Postal Code: 24441

School Information

Elementary: South River
Middle: Elkton

Additional Information

Zoning: R-7 PUD

Neighborhood Information for 21st St

Stable Population, High Residential Turnover

  • Lows

    • January 20.40℉
    • July 61.60℉
  • rain icon

    Precipitation

    • 36.12"
  • Highs

    • January 40.50℉
    • July 85.30℉